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Search Results 0 to 27 of about 28 (some duplicates have been removed)
, and kick the tires. it's a non-sales pressure environment, in other words, no one here is trying to sell you a car. you can actually come in here, sit down and you're not going to be hassled. if you want to come to the show, it runs today through sunday, 10:00 to 10:00 every day. except on sunday, they go to 6:00. >> just looking. >>> meteorologist christina loren certainly not convertible weather. >> certainly not. you're going to get a windchill that you do not want to feel hitting you in the face. good morning to you. we do have a pretty good-looking day shaping up. most of the cloud cover is starting to clear out of the bay area. that means clear skies are going to lead to a very cold start tomorrow morning. we have lingering activity. it's very spotty. you can see from our northern california radar picture. we have some spotty cells to moisture lingering around the bay area. this is where the snow ended up. look at this. big sur, the surrounding mountains, yeah, they picked up snow down to potentially 1,000 feet. we're going to have to wait to get everything confirmed from the natio
to be an economic and political environment. that's going to be the story for 2013. >> we get a lot of people who come in who it seems to me lately there's a big divergence. there are those who are optimistic about things and think things will go well. others that say, forget it, we've seen all the gains. which camp would you put yourself in? >> i guess i'm not wholistically in either camp. it's more an optimist than a pessimist. we've seen stock correlations begin to fall a little bit. that's encouraging. it says that investors are begin to go loor fop companies that figure out how to make money in a slow growth environment. not sure what the indices will do, but i think the companies that are positioned to save other people company. i was thinking about the people who sell cnbc their coffee cups. you don't do that. somebody has figured out how to do that on large scale and make a lot of money doing it. so those kinds of companies we're going to look for. that means selectivity. that means looking in place that's we don't like from a mook row point of view such as europe. >> but from the average
afghanistan will have the right environment for conducting elections without interference and without undue concern. we also discussed in a bit of detail and in the environment that we have all aspects of the bilateral security agreement between afghanistan and the united states, and i informed the president that the afghan people already have given their approval to this relationship and value it as one that is good for afghanistan. in that context, the bilateral security agreement is one that the afghan people approve, and i am sure we will conduct it in detail where both the interests of the united states and the interests of afghanistan will be kept in mind. we had a number of other issues also to talk about during our conversations, and perhaps many times in that conversation, beginning with the composition of, of course.-- the conversation, of course. i thanked the president for the help that the united states has given to the afghan people for all that we have gained in the past 10 years and that those gains will be kept by any standard while we're working for peace and stability in
environment. if the yield curve starts to stephen as we've seen in the -- to stephen as we've seen in the first weeks of 2013, that will eliminate net interest margin pressure. profitability should improve for the group. >> how much do you care about what's going on in washington over the next two months? >> i think that's important because the austerity measures being talked about in washington will slow general economic growth in the country. and as you know, that's a real driver for bank loan growth. and so if those austerity measures are too much and puts us into possibly a recession or just slower growth, that will affect the outlook for the banks. i think you're going to see that the housing market's going to continue to grow. and that's going to be a real driver to the success of the banks this year. >> okay. now in your note to clients, you say that your four best ideas -- i'll list them. walk us through why you like them. you like discover financial services, fifth third bancorp, pnc financial, and wells fargo. >> yes, when you hook at starting with the last one, wells far
in this current fiscal environment to ensure the success of the space launch? >> thank you, sir. that is a tall order. i think one of the crucial things the consolation program was supposed to do is to provide a smooth transition for the work force and for the capability the nation has off of the shuttle program to what ever came next. and we've lost that now. the deep integration between the low earth orbit and the destinations that was hoped for i think is also gone. i would first say 2012 is not 2008. we are in a different and new situation today and we have to look at going forward. the primary, one of the primary problems with the end of the constellation was again cutting ourselves off from our international partners who didn't see how they were going to participate increasing risks to the international space station because while we certainly hope for and encourage and want to see the private sector to go for that work if there are delays, if there are problems, we don't really have a fallback option so we are down to a few critical paths for supporting the station, and so, the complemen
they become violent and help create the positive environments in schools. >> legal la mcdowell, the advancement project. great to have you on this morning. >>> coming up, the power of prayer. the atlanta pastor that was picked by president obama to deliver a benediction at the obama inauguration. coming under fire for a sermon that he gave in the '90s which may have given him a disinvite. >> did you look at his signature? >> not that i'm aware of. >> that is jack lew, the president's nominee for treasury secretary. what we know about him besides that weird looking signature? >>> and does president obama need a binderful of women or is that overblown? tweet me @thomasroberts. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so co
into recession. it's been in a recession type environment for a while. and the only grimace of hope is that the chinese economy has been showing signs of growth and the japanese are earmarking trying to get their growth profile. it's a race to the bottom. last year, there was a lot of risk that people thought we were going to have and didn't happen and then this year, thought there would be a massive allocation out of equities. i think that shows the first quarter is not going to be a one shot off the the risk markets. >> george, thanks for joining us this morning. we appreciate that. and now let's just remind you what else is still to come. two of the biggest names in hedge funds are locking horns over herbalife. we'll tell you what you need to know, coming up. with hotwire's low prices, we can afford to take an extra trip this year. first boston... then san francisco. hotwire checks the competitions' rates every day so they can guarantee their low prices. so our hotels were half price. ♪ h-o-t-w-i-r-e... ♪ hotwire.com ♪ [ male announcer ] some day, your life will flash befor
. >> do you think there is a way we can do corporate reform in this environment? >> is extremely difficult but i think one really positive thing that came out of this fiscal debates this time is that for the first time in a long time, the business community unified around a concept of getting our deficit under control. they were not as worried about their individual tax breaks that might go as a result of having some reform. i hope that mood continues. that was a one group does not argue over one other or about accelerated depreciation and so forth. i am more hopeful that a more unified view from the business community is possible this time. >> i want to say one thing -- i'm not fully knowledgeable about this. i was at a meeting earlier today we're in noted tax expert said you cannot do corporate reform and not to individual reform because when we change the parameters, a whole lot of entities shifted from c corporations to other forms that were taxed on the individual side. if you lower rates on the corporate tax and get away with some of the preferences for oil and gas and various things
with a total of 600 students. >> it's just not a safe environment. you can see how tight it is already. we would be sharing a yard. it's far too small. >> reporter: this father says he's concerned about his daughter with more students around. >> i'm very concerned. with bullying and just make sure she's safe. >> reporter: tonight students tried to make their case to the school board. >> we have barely any room right now and our hall ways are very squished and it's not comfortable. >> reporter: there are already eight schools sharing sites says leigh. >> we would hope working together with the district's help we could make arrangements so they are compatible. >> reporter: one teacher says that she is experienced with the problems with two schools sharing one sight. >> i personally had to break lots and lots of fights. >> reporter: they will determine whether to offer the site to gate way school. amber lee, ktvu news. >>> a teenager from san francisco pleaded not guilty to murder charges this morning stemming from a deadly car crash on new year's day. 19-year-old david morales is accused of
,000, those in this profession are able to be creative, often require environment and have low physical demands. >> rounding out the top five of the least stressful jobs are medical records technician, and jewelry and medical lab technician. >> a coming up a bar pilots will be interviewed today. after this in the oil tanker hit a tower on the bay bridge. new details on the investigation. parts of the bay area are fall thogged in ths morning. >> erica tells us what it might burn off. >> and their a lot of talk about in the world according to gary, including the b.c. as a championship and the 49ers. we will be right back into minute
environment. you can see how tight it is already. we would be sharing a yard. it's far too small. >> reporter: this father says he's concerned about his daughter with more students around. >> i'm very concerned. with bullying and just make sure she's safe. >> reporter: tonight students tried to make their case to the school board. >> we have barely any room right now and our hall ways are very squished and it's not comfortable. >> reporter: there are already eight schools sharing sites says leigh. >> we would hope working together with the district's help we could make arrangements so they are compatible. >> reporter: one teacher says that she is experienced with the problems with two schools sharing one sight. >> i personally had to break lots and lots of fights. >> reporter: they will determine whether to offer the site to gate way school. amber lee, ktvu news. >>> a teenager from san francisco pleaded not guilty to murder charges this morning stemming from a deadly car crash on new year's day. 19-year-old david morales is accused of shooting at three people then leading police on a car cha
very low. by historical standards. though they are starting to tick up. the default environment is still relatively benign. one of the things that i think gets lost on investors is since 2008 we have refinanced the entire high yield market. there is two ben fritz that from. one is you clearly have a lower interest rate because of lower rates but the second thing we've done is push out maturity. even if there is weakness, which we would not rule out, most companies are pretty well positioned to survive that and they don't have near term mature its. which is always a concern from a high yield investors because, you know, banks can be fickle. we know that. so from a credit standpoint, things are very strong. >> how much go you take into kri consideration, the macro economy, how much does it play when you're putting together a portfolio. >> macro sets the guard rail of the idea. you will deemphasize home builders or building products. right now for example, we are concerned about europe. from the standpoint of credit, we look at european exposure and incorporate that. you can see we
, that is it, and not only that, that shell gas production is cleaning the environment because we use more natural gas, using less coal, that means less greenhouse e mageses, and they are musing less emissions than they have in many years. great news today. >> wow, thank you so much. great report. >> thank you. >> okay, switching gears here to talk about the housing market. six years after the bubble burst, the consumer protection bureau set to outline a new set of home loan rules, but will the guidelines make the mortgage process transparent or add to confusion? asking someone who has a wealth of experience in the mortgage industry, bill emerson. great to have you with us. >> great to be here, lori. lori: what a year quicken had. $70 billion in loans closed versus the prior here and record of $30 billion. that is tremendous growth. why were conditions and even confidence among home buyers so improved in that time? >> well, i think there's a variety of reasons for that. number one, rates were low. that's helpful. number two, market participants shifted focus on what they wanted to do for m
we like wells fargo a lot. they get hurt in a low rate environment, they'll be helped a tremendous amount when short rates move up, and investors have not yet been willing to believe that the mortgage profits are sustainable. even though wells has got 30% market share of the mortgage market, which over time should be a positive. it's just they're not willing to give them full credit for it yet. >> moshe, thanks for your time. >> thanks very much. >> i did want to discuss some breaking news on morgan stanley. the company, a number of news outlets reporting job cuts coming there. we can confirm and clarify some of those reports. morgan stanley sources close to the company indicating they will cut about 6% of its overall institutional securities, and infrastructure staff. those cuts will total 1,600 jobs, half would be international, half will be domestic. again, 6% of securities and infrastructure. now, putting that in perspective, the company has 57,000 total employees. some have reported 6% overall, that is not correct. again, if you do the math, it would be 1,600 total. they've be
't be on guns but the environment giving rise to this violence. >> instead of having, as the nra proposes, a policeman in every school, our policy should be focused on getting a dad in every home. >> reporter: vice president biden said friday he is glad evangelical groups have participated in his gun policy task force meetings because in the past, they have been "reluctant to engage in the gun issue." athena jones, cnn, washington. >> you can see more about this story on our belief log at cnn.com/belief. >>> a maintenance shed in new york city's central park turned up a shocking discovery, a loaded cannon from an old british warship dating you to the revolutionary war. it's been sitting around for centuries. workers were cleaning the rust when they found the cannon still had gunpowder and a cannon ball. a spark or a flame could have set it off. >> this is an amazing surprise. it was there for so many years and people were sitting on it when it was a loaded cannon. >> technicians removed about two pounds of black powder and they have div posed of it at a gun range. what an amazing story. >
use in the academic environment. as some of you know, three of our member publishers sued georgia state university because when georgia state moved its from printed course packs as materials for higher education courses to e-reserves, they made another change. they stopped paying a penny for anything put up on e-reserves no matter how, how long it was. and since 2006 not a penny has been paid. and because georgia state was, in the view of publishers, an outlier in that respect because we have understood and we think many people have understood that copyright is agnostic or same rules would apply whether we're talking print or digital, that's what led to this particular litigation. and i would say that there this -- we know there's all this vagueness and difficult any the deciding what is fair use. and you can run through four factors, but the bottom line, this is hard to figure out in many cases. but some cases are clearer than others. in the cases where large amounts of material are being used semester after semester after semester not paid for if any amount no matter how long th
to even entertain mething like this in an environment like this. i mean, the whole capital system is burning that they've got control over, and they're doing something goofy like this. >> well, it was the national endowment from the arts, just in case everybody's wondering, that's who's behind this. collected the taxpayer money together and sat down and thought about how should we pirg out how to bestow this upon, you know, worthy folks -- neil: it's clearly aimed at the young. >> oh, yeah. i guess, they want to insure that it's a built-in base of supporters going forward. neil: but the idea being you need more money to fix this problem with money you say we don't have. >> right. we're absolutely broke, but we're going to train kids that they should be battling big oil more than anything else. before you learn how to do math, before you learn how to read, before you learn how to balance your own checkbook, before you learn how to balance the country's checkbook -- which, i admit, is near hi impossible at this -- nearly impossible at this point -- instead let's go out and there and
diversity and we are in a tough political environment. with key cabinet picks already announced, the defense, state, and cia, the shift is now on others. >> does he settle on these names or still sifting through tough choices? >> he will make an announcement when he makes a decision. >> reporter: timothy geithner is expected to leave and although wall street and progressives are he can pressed concerns. someone with business expertise and with lisa jackson departing the environmental protection agency, a replacement is needed for her, too. it's a second-term ritual that douglas brinkley is often -- >> they pick people they wish they could have picked the first time around but you can't with the politics of a campaign when you're first making to the white house. >> reporter: climate is still a factor. susan rice withdrew her name to replace hillary clinton under pressure over her actions after the benghazi attacks. >> i think the political climate matters a lot now with who you pick. it shouldn't but it does. >> reporter: and there's pressure under the president to consider diversity after a
medicare. it's about the environment. you talked about going on vacation and coming back and hearing the same thing. we're talking about the same thing from '95 as we are today. we haven't really decided yet what type of country we want to be and how we want to spend the money in order to get there. we spend a great deal of money on education. we probably spend more money per student than any other industrialized nations. yet when you look at the collective global testing, we're somewhere in the middle of the pack. so the conversation we need to be having isn't just about how much money or how are we spending that money, and is this moving us towards the type of country we want to be? >> that's much too complicated. i'm just kidding. >> this is the point. this is the debate. there has to be a debate. we're going to debate how we spend our money. we're now talking about when we have the debates. we should be having it in the traditional manner in which the governments operate. if we don't, we're going to be dealing with these cliffs. >> that's right. we shouldn't wait until the last m
. defense attorneys for the boy claim he was raised in a violent environment and taught killing people was okay. child welfare authorities in fact, jenna, made more than 20 visits to the home checking on the boy. but the public defender representing him argued the youngster joined his fare, a regional leader of the national socialist movement, to nazi rallies and to the mexican border to learn how to keep mex ans out of the u.s. they say he had a violent streak. stabbing a teacher while in kindergarten with a pencil and the question in this case is did know what he was doing was wrong? his 11-year-old sister told her days ahead of time he planned to shoot his dad to avoid a breakup with their step mom. that is where the case today back in court. it is heard by a judge, not a jury. that judge will decide if there was premedcation and -- premeditation and whether or not his fathers beliefs and the boy's exposure to neo-nazi tactics led to the murder. if the judge rules he is guilty he could be held by juvenile authorities until he is 23. that is the latest, jenna. jenna: what a case. jam
parts of the world. as far as the current environment, it's a good place for them to we, focused on the u.s. even though our growth is not exceptional, it's still solid and better than other markets to be in. >> looking towards next week, morgan stanley, goldman sachs, bank of america out on thursday. what sort of growth rates are we going to see for these guys? how easy is the -- first of all, are they going the be flatted by easy xait comparisons? >> they're going to be very flattered by easy pairsons. there were a lot of eva chavrnlgs where the value of their bonds decreased. so they hurt a lot of their bonds. but sequentially from last quarter, it's not a large growth. 6/it's going to make them look a little better. >> what is going to be the key report for you or the key thing to focus on? >> as far as wells fargo, i would say what they have to say about the housing market. is it going to continue to be overheated? is it going to improve? this is something that affects not only the banks, but other parts of the economy, as well. we've seen in the consumer discretionary secto
there are things the government can do which will improve the environment for expansion. what was interesting is that cfos are relatively happy with monetary policy. >> they tell us credit is lower than it has been focus five years. but the concerns seem to be around things like infrastructure, energy policy and immigration and in particular, the general level of regulation. so what cfos are saying to us is what worries them are things more around the microsooidz side of the economy. >> business hasn't really come up with a view for that, hasn't it? >> we'll see what comes out of that. >> thank you for joining us. if you have any thoughts or comments, please e-mail us, worldwide@cnbc.com. >>> we're getting more details on japan's xlumtry budget. kitadai-san, hello. >> hello, ross. the government has compiled an outstanding for fiscal 2012 valued at more than $14 billion. the new liberal democratic led government plans to spend a large portion of the funds on public projects. the budget will focus on targets to introduce resistant construction standards at schools and hospitals, plus provide f
.com last month and here is the representative cynthia chase collins, what we can do is make the environment here so welcoming, some may not come and some may leave. one way to pass measures that restrict freedom that they think they will find her. another is it to shine the bright light of publicity on who they are and why they are coming. and lay it on the specifics though? >> as a matter of fact there hasn't been much since this. she served two terms in the house in new hampshire, and this is a relatively obscure legislator who got off to a very progressive, left wing blog and made these comments. look, one of the things to realize is the state of new hampshire has 400 members of the house and they see it's the largest deliberative body and free tolls mileage to the state capital. it's truly a citizen's legislature. for the most part most of the representatives serve the people of the granite state very well. every once in a while, you get what you pay for. in this case, i think maybe the voters of new hampshire wan to take perhaps another look at representative chase's intolerance, which
environment. there are still plenty of people who think the debt ceiling issues could be a debacle. february 15th, a little earlier than expected, a lot of people floating ideas that moody's might downgrade the u.s. debt sometime this quarter, if there's no grand bargain that ever appears, and that looks increasingly unlikely. i'm in the camp that the risk is to the down side on the stock market right now. earnings today, as you just mentioned here, look, the question has been whether or not putry was the trough in earnings that things would get better from here. it's going to be modest improvement. q4 isn't looking that great. we're only looking at roughly 3% improvement in earnings. that's not great. top line growth has been nonexistent throughout last year. q3 top line growth was zero. zero. we haven't seen that in a long time. you want to know how weird that is? the ten-year eenaverage is 7%. maybe it will be 3%. that's the hope. it's coming down as we're going in. so we may be at a trough in the third quarter, but the fourth quarter certainly isn't going to be gangbusters right now here
>> brian, we're all products of our experience, of our environment where we come from. i have been tempered by that experience about war. what war means, the consequences, who has to fight it. all of that experience is part of me and how i look at policy, how i look at our foreign policy, how i look at our military policy, how i judge consequences, how the world sees us. their trust in our purpose, in our power. no question that much of the questioning i had done about iraq, ev before we went into iraq was conditioned by, tempered by that experience in vietnam and whatever i will ever do in my life, whether it's in politics or outside, those experiences shaped me just like anyone who has gone through war. those experiences shape you very much. and one of the things it does is it makes you less inclined, i suspect, to jump into war. it's easy to get into war, not very easy to get out as evidenced by the johnson tapes. and you need to think through these things, diplomacy is critically important especially in a complicated world that we live in today. i think something else is important here
Search Results 0 to 27 of about 28 (some duplicates have been removed)

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